California has become the first state to generate more than 5% of its annual utility-scale electricity from solar, according to the U.S. Energy Information Administration’s (EIA) Electric Power Monthly.
Panasonic Eco Solutions Canada is working together with PNC Equipment Finance, a division of the PNC Bank Canada Branch, in order to provide a new financing platform for PV plants as small as 500kW in Ontario, Canada.
Market research firm IHS expects continued adoption of single-axis PV module trackers for large-scale ground mounted PV power plants globally, while it expects the systems to become the preferred technology in North America through the next five years.
The cost of solar in Japan declined as much as 15% in one year, but a lack of clear policy direction from the government has left a number of businesses with a “pessimistic” outlook of the industry’s future, according to a survey by the Japan Renewable Energy Foundation (JREF).
Brazil can expect to see the capacity of PV projects contracted under its national power auction process more than double by the end of this year, according to the head of the country’s solar trade body.
Solar investors in South Africa are losing confidence in the country's market due to ongoing delays by the government to reveal successful bidders in the latest round of its national renewables procurement programme, claims South African PV Industry Association (SAPVIA) spokesman Wido Schnabel.
Major merchant solar cell producer Neo Solar Power (NSP) reported a modest decline in revenue for February 2015 due to the shorter working month and Chinese New Year.
President Obama signed an executive order that the administration hopes will entice businesses to commit to lowering greenhouse gas emissions and supporting renewable energy and efficiency initiatives.
